Law and Regulation

Pensions minister Steve Webb has described consultancy charging as "a classic example of how the industry allowed itself to get bad headlines."

The government should focus on improving defined contribution (DC) provision in developing the defined ambition agenda, according to the TUC.

The Finning Pension Scheme and the Finning Defined Contribution Pension Scheme have appointed Wragge and Co to provide legal advice.

The Work and Pensions Committee has welcomed the government's move to ban consultancy charging on auto-enrolment schemes.

Administrators of Nortel and Lehman Brothers have reached the Supreme Court in their attempts to challenge a Financial Support Direction (FSD) issued by The Pensions Regulator against the insolvent companies.

The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.

The government will be given the power to ban incentivised transfer exercises under the Pensions Bill published today.

Contributors enthusiastically backed the latest call for a single regulator for all workplace pensions. More than three quarters said this was the way forward, while fewer than one in five backed the current system.

Using statutory override to change scheme terms at the end of contracting out will be limited to offsetting employers' National Insurance bills, the government has clarified in the Pensions Bill.

The government has set out the exact phrasing of The Pensions Regulator's new employer growth objective.